Warnke/Nichols offers investment management services, making investment decisions for clients based on their goals. They create portfolios using stocks, bonds, and mutual funds. Warnke/Nichols monitors portfolios and rebalances them as needed. They provide advice on stocks, bonds, ETFs, and mutual funds. They also offer advice on existing investments. Several accounts are in a wrap-fee program, charging 0.80% annually for investment management, with a $500 minimum fee.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $3.0M | 0.75% |
| $3.0M - $5.0M | 0.50% |
| $5M+ | 0.50% |
The fee on the portion of portfolio market value above $5 million is negotiable. Accounts holding solely mutual funds are charged 0.50% annually. Some discretionary accounts are in a wrap-fee program, charging 0.80% annually for investment management, with a $500 minimum fee. In some cases, the investment management fee is negotiable, and the minimum annual fee might be waived.